Much of the policy discussion around President Trump’s One Big Beautiful Bill has focused on electricity subsidies, where the outcome admittedly falls short of what fiscal conservatives hoped for. Wind and solar projects can still claim subsidies through July 2030, extending billions in taxpayer support for the next five years and driving up ratepayer bills...
AUSTIN– Today, TPPF’s Life:Powered campaign released new research outlining the cost and impact of ERCOT’s 765kv Strategic Transmission Expansion Plan or STEP. The paper finds that the STEP does not meaningfully reduce the need for new generation, nor does it reduce prices for consumers. In fact, the STEP would impose nearly $100 billion in lifetime...
The One Big Beautiful Bill Act, signed into law on July 4, 2025, was supposed to be a decisive break from government intervention in energy markets. Instead, it became a masterclass in why energy subsidies represent one of the most persistent forms of government market intervention. When Congress first debated energy policy reform, the U.S....